You can signup here.
Your email address will be the login id to LogMyTask account.

Once logged in you should be able to record your tasks.
a) If you are about to start a task now, simply select the "Starting a task now".
b) If you have already started a task and you are continuing the same task select the option "Already started a task".
c) If you have already completed a task then select "Enter an old task".
Enter a short description of your task.
Tags help you to organize your tasks. You may combine multiple words into single-word and space to separate multiple tags.
Summary page gives you the daily, weekly and monthly report of the logged tasks. Tags panel in the left gives you the total time spent in a specific type of task for the selected view.
As you can log your task, so can your friend/coworker. What if both can see each others task? Well, thats the idea behind Teams. Create a team by inviting others. Once they start to log tasks you can see their activites at the Teams' Recent Tasks Panel. So, can they see your updates.